BMO Financial Group Reviews | Glassdoor

BMO Financial Group Reviews

Updated February 24, 2017
1,326 reviews

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1,326 Employee Reviews

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Pros
Cons
  • Work life balance can be compromised if you do not set clear boundaries (in 36 reviews)

  • But the good part is that CSR's have really easy sales targets (in 46 reviews)

More Pros and Cons

  1. Helpful (3)

    "Ok"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BMO Financial Group full-time

    Pros

    Long-term employee who was let go due to corporate restructuring, they had been a fairly decent employer for a while but the termination process was a bit impersonal.

    Cons

    Not allowed to take the contents of my desk and had to have them shipped to me as did my entire department. They cherry picked what they thought I needed and kept a lot of my personal items.

    Advice to Management

    Try not to treat employees who were not being terminated due to wrong doing as if they are criminals and show them a bit of respect.


  2. "Good Opportunities"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    There are many different opportunities for growth and professional development. Well diversified financial services org.

    Cons

    Sometimes feel disconnected from home offices in Canada. Be sure to make connections with someone in the Canadian home office to help keep in touch.

    Advice to Management

    Try to improve communication to offices outside of Canada. Remember that we operate differently here and try to recognize th differences.


  3. "Fund accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Fund Accountant in Milwaukee, WI
    Current Employee - Fund Accountant in Milwaukee, WI
    Recommends
    Positive Outlook

    I have been working at BMO Financial Group full-time (More than 3 years)

    Pros

    Great benefits package and management staff

    Cons

    Building is outdated. Promotions have long approval process.


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  5. Helpful (3)

    "BeeeeMo"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BMO Financial Group full-time (More than 10 years)

    Pros

    You'll advance if you have a PhD in Org Charts.

    Cons

    Terrible stewards of capital, business lines do not communicate or work together, customer is not #1, short-sighted management, managers on top of managers on top of managers.


  6. "Sales Associate"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Fun Atmosphere with great people

    Cons

    Salary could be a little better.


  7. Helpful (1)

    "BMO"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Convenient work locations
    Ability to work from home

    Cons

    Below average pay
    Inefficiencies
    Limited Full Time roles

    Advice to Management

    Focus more on retaining employees by training rather than replacing


  8. "Senior service representative"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Service Representative in Naperville, IL
    Current Employee - Senior Service Representative in Naperville, IL
    Recommends
    Negative Outlook

    I have been working at BMO Financial Group part-time (More than 3 years)

    Pros

    Great atmosphere. Managers are Awesome.

    Cons

    Sales commissions to low for the amount of work.

    Advice to Management

    Request better compensation for sales efforts.


  9. "Universal Banker"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BMO Financial Group full-time

    Pros

    I love the people that I work with

    Cons

    Bmo has very high sales goals and the push for numbers

    Advice to Management

    focus more on the customer then the numbers


  10. Helpful (1)

    "Retial"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Personal Banker in Wilmette, IL
    Current Employee - Senior Personal Banker in Wilmette, IL
    Doesn't Recommend

    I have been working at BMO Financial Group full-time (More than 10 years)

    Pros

    Great Benefits, Great Team, value integrity

    Cons

    Lacking In technology On Both customer and employee side


  11. Helpful (5)

    "I've had better."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Risk Analyst in Chicago, IL
    Former Employee - Senior Risk Analyst in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BMO Financial Group full-time

    Pros

    Best reasons to work here are, you enjoy inflicting pain on yourself, you have a death wish, you thrive on torture, or you just don't care.

    Cons

    Micromanagement, low pay and uncompetitive benefits, no growth-senior workers have to die off or retire to create openings. No remote work option due to extreme micromanagement. Can't take accumulated vacation due to micromanagement.

    Advice to Management

    Stop outsourcing HR to give the illusion of unbiased support. Employees have nowhere to go when managed by a micromaging, unprofessional, insecure, long term, brown- nosed manager. There should be accountability for lousy, inept managers.



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